Endoscopy Devices Market to Grow at a 3.8% CAGR from 2021 to 2028, Reaching US$ 42.8 Billion | Exclusive Report by Transparency Market Research

The global 𝐞𝐧𝐝𝐨𝐬𝐜𝐨𝐩𝐲 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, valued at US$31.8 billion in 2020, is projected to grow at a CAGR of 3.8% from 2021 to 2028, reaching a value of US$42.8 billion by the end of the forecast period.

This growth is attributed to factors such as the increasing prevalence of cancer, a rising aging population, and the presence of lucrative opportunities for endoscopic device manufacturers. Analysts suggest that companies should prioritize product development to tap into revenue opportunities and gain a competitive edge. Additionally, market stakeholders are focusing on innovation to develop technologically advanced endoscopy devices. However, the high cost of these devices remains a challenge, urging market contributors to concentrate on producing cost-efficient solutions to drive further market growth.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
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𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐄𝐧𝐝𝐨𝐬𝐜𝐨𝐩𝐢𝐜 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐁𝐨𝐨𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The increasing adoption of medical imaging devices is due to rising surgical procedures and technological innovations in medical imaging devices. The emergence of artificial intelligence in endoscopic procedures has created beneficial opportunities for device manufacturers. In addition, minimally invasive diagnostic and surgical procedures performed with the help of innovative robotic technology offer various benefits to patients. The increasing adoption of robotic-assisted endoscopic procedures is anticipated to boost market growth. Manufacturers operating in the global endoscopy devices markets are increasing their product portfolio to fulfill the demand from the healthcare sector. The growth and advancement in the field of medical devices boost the endoscopy equipment market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞-

Ethicon Endo-Surgery,Covidien plc,Olympus Corporation,Boston Scientific Corporation,Intuitive Surgical, Inc.,Stryker Corporation,Richard Wolf,FUJIFILM Holdings Corporation,KARL STORZ GmbH & Co. KG,HOYA Corporation,B. Braun Melsungen AG,Arthrex, Inc.,Cook Medical, Inc.,Smith & Nephew plc, among others

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧-

𝐃𝐞𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞

Endoscope

Rigid Endoscopy
Flexible Endoscopy
Robot Endoscope
Capsule Endoscopy

Operative Devices

Energy Systems
Suction/Irrigation Systems
Access Devices
Operative Hand Instruments
Others (Insufflation Devices, Wound Protectors, Snares)

Visualization Systems

Ultrasound Devices
Standard Definition (SD) Visualization Systems
Two Dimensional (2D) Systems
Three Dimensional (3D) Systems
High-Definition (HD) Visualization Systems
Two Dimensional (2D) Systems
Three Dimensional (3D) Systems

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Gastrointestinal Surgeries
Urology
ENT Surgery
Cardiovascular Surgery
Neuro and Spinal Surgery
Laparoscopy Surgery
Arthroscopy Surgery

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬-

Smith & Nephew plc is a leader in the development and commercialization of endoscopic techniques

Smith & Nephew plc launched a new DYONICS Vision 111 Portable Endoscopy System. It is the world's first mobile, integrated endoscopic visualization system. It comprises a high-quality camera, state-of-the-art high-efficiency light source, and LCD flat-panel monitor.

In July 2016, Boston Scientific acquired EndoChoice. EndoChoice manufactures core products such as Full Spectrum Endoscope (FUSE), which offers a 330-degree field of vision for greater visibility in the small intestine. Last year, the company launched a second-generation FUSE, the first flexible endoscopy system to offer 4K Ultra HD monitors.

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
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𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝-

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market size and growth projections
Demand analysis by service type, application, and region
Competitive landscape and market share analysis
Regulatory landscape and reimbursement scenario
Impact of technological advancements and innovations

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The endoscopy devices market is expected to continue its upward trajectory, driven by ongoing technological advancements, increasing adoption of minimally invasive procedures, and rising awareness about early disease detection and treatment.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐃𝐲𝐬𝐩𝐚𝐫𝐞𝐮𝐧𝐢𝐚 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/29/2677855/0/en/Dyspareunia-Treatment-Market-Poised-for-4-1-CAGR-Surge-Touches-USD-1-02-Billion-by-2031-Transparency-Market-Research.html

𝐒𝐦𝐚𝐫𝐭 𝐃𝐫𝐮𝐠 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/29/2677819/0/en/Global-Smart-Drug-Delivery-Systems-Market-to-Grow-at-Remarkable-15-2-CAGR-Eyeing-US-36-Billion-by-2031-TMR-Report.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Nikhil Sawlani
Transparency Market Research Inc.
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